The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-09-04
GENERAL RAILWAY NEWS.
Matters OF Money and Management
About Various Lines.

A large quantity of iron has arrived at
Palatka, Fla and track-laying will be re-
sumed on the Orange Belt road within a
few days.
/. Z. S. Spencer, General Freight and Ticket
Agent of the st. Johns and Halifax road,
Florida, has been promoted to be Superin-
tehdent of the road.
Orders have been issued to discharge all
hands working in the Mobile and Ohio rail
road shops at Whistler, near Mobile, on Oct.
], as the shops will be moved to jackson,
Tenn. Many of the workmen will be trans
ferred and given work in the Jackson shops.
Tampa fla Journal: Articles of associa-
ton of the Clearwater and Tampa Railroad
Company have returned with signatures Of
directors, and the permanent organization
will be perfected on the return of S. A.
Jones from his Western trip.
The Chattanooga Commercial of the
3lst nit. says: Redmond, the contractor for
the fourteen miles of the Chattanooga,
Rome and Columbus railroad, between
Rossville and Crawfish Springs is having
considerable trouble with his men. Yester-
day morning about forty laborers left the
city to work on the new road. When they
arrived on the ground Redmond, it is
claimed, picked out all the colorad men and
told them to go to work The white men
were told that there was no employment for
them. This created considerable ill feeling,
and the negroes declared they would not go
to work unless the white men were also put
on. This was refused, and the men, white
and black, came back to the city.
A 5000, 900 mortgage has been placed
upon the East Tennessee, Virginia and
Georgia to raise money for the proposed ex-
tensions. Money is already in bank to com
plete the Powell's Valley and Knoxville
Southern roads. Cumberland Gap seems to
be the objective point to which nearly all
the important Southern roads are reaching
The Louisville and Nashville will reach the
Gap inside Of a year, and the Norfolk and
Western year later. Over 100000 acres
OF coal and timber land are held by an
English syndicate in that vicinity, and
mines are already being developed. Nearly
all the railroad companies have money
enough to carry out their plans, and will
build their proposed roads within the next
five years.
The Covington and Macon Railroad Com
pany, which owns piece of road about
fifty miles long in Georgia, defaulted upon
the interest upon its bonds due Thursday,
says the New York Sam The amount re-
quired to pay the interest was $17 900,
which none of the friends of the company
was willing to lend it. The interest the
street took in the matter arose from the fact
that enterprise has been fathered in the
Office of Vice Commodore Arthur Edgar
ton Bateman, and that one of his partners,
Mr.. Douglas Green, is President of the com
pany. In view of the fact that the same
Office has been the headquarters of the bear
campaigners, and that Vice Commodore
Arthur Edgarton Bateman has been, ac-
cording to his own assertions, the pluckiest
and biggest bear of them all, it Yves sug-
gested that the default was simply bold
stroke at the market, which the important
events referred to above are developing.
Americas Recorder: While in Atlanta a
few days ago, Capt. John A. Cobb had an
interview with Mr.. Hughes, President of
the Savannah, Dublin and Western Short
Line railroad, as to the prospects of the
road. Mr.. Hughes said they have been i'm
peded in the work at every step by the in
fuence of the Central railroad, and they
had therefore been compelled to go much
slower than they wished. The latest impedi-
ment thrown in their way was an applica-
ton to the Legislature for a
charter for road running parallel
to the Savannah, Dublin and Western,
the applicants for which We're inimical to
the road, and wished to depreciate its credit
by the impression that another road would
be built to parallel it. The application,
however, has been denied by the Legisla-
ture, aud Mr. Hughes is now confident that
the work can be pushed forward rapidly.
Mr.. Hughes assured Capt. Cobb that the
road would surely be built to Americas, and
that if the people of Macon did not aid the
road more promptly and effectually than it
had done, the line would be built to Ameri-
Gus first.